Origination
Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.
These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.
Latest Posts
Mortgage apps climb 12% on spike in refi demand
Feb 02, 2022Despite the increase in mortgage rates, refinance applications were up 18%, driven mainly by a 22% jump in conventional applications, MBA economist Joel Kan said in a statement.
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LoanDepot’s profit in Q4 sinks 91% to $14.7M
Feb 01, 2022 -
Pennymac expands consumer direct business
Jan 31, 2022 -
Mortgage origination tech startup Vesta raises $30M
Jan 27, 2022 -
FOMC indicates taper end in March, rate hike soon
Jan 26, 2022 -
UWM to credit borrowers up to $600 for their appraisal costs
Jan 26, 2022 -
Rate pressure pushes down mortgage applications
Jan 26, 2022 -
Stearns Lending to lay off 348 workers
Jan 24, 2022 -
Purchase mortgage volume projected to clear $2.1T in ’22, ’23
Jan 21, 2022 -
Mortgage apps up 2.3% with new record average loan size
Jan 19, 2022 -
Regulators slap mortgage LOs with fines for skipping class
Jan 18, 2022 -
Supreme Court orders review of recession-era class action against Rocket
Jan 13, 2022